Bitcoin is not backed by any physical asset like Gold nor by any fiat currency. It makes me wonder if I should invest/trade in Bitcoin or not?
Of course bitcoin does not have physical assets but that does not mean bitcoin is not worth investing in, now many countries and also institutional companies are starting to adopt bitcoin so that it allows bitcoin to be more valuable than gold in the future, in today digital era, investment is certainly just keep up with the times so that what used to be physical may soon be replaced by various virtual investments.
If mark zuckerberg just dares to invest virtual (metaverse) with all his wealth, why not us?